25 May 2026

Suzlon has secured a repeat 195 MW wind energy order from Sunsure Energy, strengthening its position in India’s renewable energy sector. With this order, Suzlon’s 3 MW platform has reached nearly 9 GW in total sales, reflecting continued market adoption. The partnership between both companies now stands at around 300 MW across Maharashtra and Karnataka. Suzlon’s orderbook in Karnataka has crossed 2 GW, while its installed base in the state is 1,500 MW. The project includes installation of 65 wind turbine generators along with execution and long-term operations and maintenance services.Read more

25 May 2026

JSW Cement Ltd reported a sharp rise in consolidated net profit for the March quarter, supported by strong cement and GGBS sales growth. The company posted a profit of INR 361.65 crore compared to INR 16.21 crore in the year-ago period, while revenue from operations also increased. Sales volumes across cement and slag segments remained strong during both the quarter and FY26. Despite the quarterly growth, the company reported a higher annual net loss due to exceptional financial expenses. JSW Cement also approved a new capacity expansion project at its Nagaur plant in Rajasthan to strengthen its production footprint in North India.Read more

25 May 2026

• The Union Ministry of Road Transport and Highways has sanctioned over INR 11.6 crore for two underpass projects on NH-66 in Mangaluru.
• Around INR 7.1 crore has been approved for a light vehicular underpass at the accident-prone Baikampady Junction.
• Another INR 4.5 crore has been cleared for an underpass near KIOCL Junction and Kulur Bridge to improve traffic flow towards Tannirbhavi and MSEZ.
• The projects are aimed at reducing congestion, improving road safety and supporting industrial and port-related traffic movement in Dakshina Kannada.
• The approvals come after port-area roads in the region were transferred to NHAI to speed up infrastructure development works.Read more

25 May 2026

Rail Vikas Nigam Ltd (RVNL) has received approval from Bidhannagar Police to begin construction work on a crucial 120-metre viaduct gap on VIP Road for Kolkata Metro’s Orange Line project connecting New Garia and the airport. The pending work near Kaikhali and Haj House had remained delayed for a long period because of traffic movement concerns and construction permissions. The latest approval comes shortly after progress at Chingrighata, where another important viaduct gap was bridged on the corridor. With multiple pending sections now moving ahead, authorities are looking to speed up construction on the remaining stretches of the Kolkata Airport Metro route.Read more

25 May 2026

The first Delhi section of the Delhi-Mumbai Expressway between DND Flyway and Jaitpur is expected to be completed within the next few weeks, according to Union Road Transport and Highways Minister Nitin Gadkari. The stretch is part of the larger DND-Faridabad-Sohna access-controlled corridor and is expected to ease congestion for commuters travelling from Noida, East Delhi and South Delhi towards Haryana and western India. The project is also expected to improve connectivity to the upcoming Noida International Airport at Jewar through a separate under-construction link road. Officials said the corridor is part of a broader Delhi-NCR decongestion and mobility improvement plan.Read more

24 May 2026

• The Maharashtra Coastal Zone Management Authority (MCZMA) has scaled down a proposed luxury housing project in Nerul to seven towers after examining Coastal Regulation Zone (CRZ) related concerns.
• The project came under regulatory scrutiny during the coastal clearance review process, with authorities assessing development impact and permissible construction norms.
• The decision highlights increasing regulatory oversight on large real estate projects proposed near environmentally sensitive coastal and creek-side zones in the Mumbai Metropolitan Region.Read more

24 May 2026

• A commercial tower proposal has emerged as part of the development plan for Mulund salt pan land linked to the Dharavi Redevelopment Project (DRP).
• The proposed project includes one commercial building, free-sale residential towers and rehabilitation housing for Dharavi residents.
• The development forms part of nearly 256 acres of salt pan land across Mulund, Kanjurmarg and Bhandup being developed by Navbharat Mega Developers Pvt. Ltd., in which the Adani Group holds an 80 per cent stake.Read more

24 May 2026

Uttarakhand is set to get its first construction and demolition (C&D) waste processing plant in Dehradun as the state moves to improve scientific waste management and reduce illegal dumping of debris. The proposed facility will process waste generated from construction, renovation and demolition activities and convert it into reusable materials. The move is expected to support cleaner urban development and reduce pressure on landfill sites. The project also comes amid growing concerns over unmanaged C&D waste in urban areas and follows earlier state-level efforts to strengthen solid waste management infrastructure in Dehradun and nearby cities.Read more

Mr. Samyag Shah, Director, Marathon Nextgen Realty Ltd

24 May 2026

Panvel is emerging as one of the Mumbai Metropolitan Region’s most closely watched infrastructure-led growth corridors as large-scale connectivity projects and the upcoming Navi Mumbai International Airport reshape its long-term urban and economic significance. Industry stakeholders indicate that the region is gradually transitioning from a peripheral residential market into a larger airport-linked urban ecosystem, supported by transport infrastructure, planned development zones and expanding social infrastructure. Connectivity projects including the Mumbai Trans Harbour Link, Panvel-Karjat corridor, proposed metro links and multimodal transport corridors are improving accessibility across the region. At the centre of this transition is the Navi Mumbai Airport Influence Notified Area (NAINA), which is expected to support residential, commercial, logistics and institutional development around the airport ecosystem, positioning Panvel within India’s emerging aerotropolis-led urban growth model.Read more

24 May 2026

Karjat is gradually transitioning from a weekend-home and leisure destination into a potential first-home residential market as infrastructure development, improving connectivity and expanding social infrastructure reshape buyer interest across the Mumbai Metropolitan Region. Industry stakeholders indicate that projects such as the Mumbai Trans Harbour Link, the upcoming Navi Mumbai International Airport, the proposed Virar-Alibaug Multimodal Corridor and the Panvel-Karjat suburban rail corridor are expected to significantly improve accessibility over the coming years. Compared to Mumbai and Navi Mumbai, Karjat continues to offer lower residential costs, larger living spaces and lower-density surroundings, attracting first-time buyers, hybrid-working professionals and families seeking long-term liveability. Developers and industry bodies believe the region could evolve into a major residential growth corridor within the next five years.Read more

Vikash Kawar, Director, AGM Vijaylaxmi

24 May 2026

Improved transport infrastructure and enhanced regional connectivity are reshaping commercial real estate activity across Mumbai’s western suburbs, with Goregaon East emerging as a key beneficiary of the shift, according to Vikash Kawar, Director at AGM Vijaylaxmi. In an industry commentary, Kawar highlighted the role of projects such as the Bandra-Worli Sea Link, Coastal Road, Metro Line 7 and the proposed Goregaon-Mulund Link Road in reducing commute times and improving cross-city accessibility. The suburb, once primarily residential, is increasingly attracting Grade A office demand due to its connectivity advantages, competitive rentals and integrated urban ecosystem. The commentary also referenced a major leasing transaction exceeding 73,000 sq ft in Goregaon East, indicating growing occupier confidence in the suburb’s long-term commercial potential.Read more

24 May 2026

• HCBS Developments Limited has partnered with Jindal Stainless to use ‘Jindal Infinity Stainless Steel Rebars’ in its Twin Horizon residential project in Gurugram.
• The rebars are being deployed for diaphragm wall and raft foundation applications due to their corrosion resistance and suitability for high groundwater conditions.
• The 5.29-acre project will comprise two residential towers with 268 housing units and seven commercial spaces.
• Architectural design for the project is being handled by Morphogenesis, while construction execution is being undertaken by Krishna Buildestates Private Limited.
• The developer said excavation and diaphragm wall work for Tower West has been completed, while similar work for Tower East is currently underway.Read more

24 May 2026

A delegation led by British Deputy High Commissioner G. Van Owen visited Amaravati to review the progress of the Andhra Pradesh capital city project and explore potential investment opportunities. During the visit, officials from the Andhra Pradesh Capital Region Development Authority (APCRDA) briefed the delegation on the city’s infrastructure plans, sustainability initiatives and ongoing construction activities. The team also toured key project sites including the government complex towers and riverfront development areas. Discussions further focused on investment potential across education, healthcare, tourism and urban infrastructure sectors, with officials highlighting that several institutions have already begun operations in Amaravati.Read more

24 May 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) recently conducted a workshop focused on developing Amaravati as an accessible and inclusive capital city. The session brought together more than 80 architects, planners, engineers, consultants, accessibility experts and government officials to discuss universal design, inclusive infrastructure and barrier-free urban planning. Experts from institutions including LV Prasad Eye Institute, Surbana Jurong, DP Architects Singapore and Ekansh Trust shared global practices and practical solutions for accessible public spaces. The workshop also included an access audit exercise and discussions on creating equitable urban systems for people of all ages and abilities.Read more

24 May 2026

• Peripheral locations including Karjat, Neral, Panvel, Khopoli, Lonavala and Alibaug are witnessing increased residential and investment interest as Mumbai faces land scarcity and rising urban density.
• Developers are incorporating artificial water bodies, lagoons and landscaped water features into projects to attract buyers seeking nature-oriented and wellness-driven living environments.
• Industry stakeholders said improved infrastructure connectivity, lower-density development and larger land availability are encouraging both developers and investors to expand into these micro-markets.
• ORA Group stated that it is developing a man-made lagoon within its Karjat project as part of a broader waterfront residential concept.
• Real estate consultants said hybrid work trends and expanding physical infrastructure are expected to support long-term appreciation potential across Mumbai’s peripheral residential corridors.Read more

Nagabhushan Reddy, MD, NBR Group

23 May 2026

Bengaluru’s residential real estate market is entering a new phase shaped by infrastructure expansion, changing buyer expectations and the emergence of multi-nodal urban growth patterns. Industry stakeholders indicate that the city’s housing demand is no longer being driven solely by the technology sector and office corridors, but increasingly by lifestyle preferences, sustainability considerations and long-term liveability. Demand for plotted developments and gated communities has strengthened amid growing preference for land ownership and lower-density residential formats. Infrastructure projects such as the Satellite Town Ring Road (STRR) and Metro Blue Line expansion are also reshaping investment patterns across emerging suburban locations including Bagalur and Yelahanka. Market participants further note that buyers are placing greater emphasis on regulatory transparency, environmental performance and integrated community ecosystems while evaluating residential projects.Read more

23 May 2026

James Hardie Industries reported a decline in its annual performance, with profit falling 8% for the year ended March 31. The company posted an adjusted net income of USD 595.7 million, compared to USD 644.3 million in the previous year. The result also came slightly below market expectations of USD 597.7 million. The fibre cement major cited adverse weather conditions that disrupted construction activity across key regions, along with ongoing inflation and affordability pressures that continued to weigh on housing demand. The overall environment remained challenging for residential construction-linked materials.Read more

23 May 2026

Uttar Pradesh Real Estate Regulatory Authority has directed banks and developers to ensure that homebuyers’ funds deposited in mandatory RERA escrow accounts are not used for assured return or guaranteed income schemes. The regulator said several developers were diverting project funds towards financial commitments unrelated to construction, affecting execution timelines and buyer interests. UP RERA stated that escrow funds can only be utilised for construction and land costs under the Real Estate (Regulation and Development) Act, and asked banks to strengthen monitoring and compliance with revised fund utilisation norms.Read more

23 May 2026

The Navi Mumbai Municipal Corporation has identified 504 dangerous buildings across its jurisdiction for 2026-27 following a department-wise structural survey conducted under Section 264 of the Maharashtra Municipal Corporation Act. Of these, 52 buildings have been classified under the highly dangerous C-1 category requiring immediate evacuation and demolition. The civic body has warned residents against continuing residential or commercial use of unsafe structures, especially during the monsoon season, citing risks to life and property. The complete list has been made available on the corporation’s official website along with category-wise details and occupancy status.Read more

Sanjay Daga, Founder and CEO, Anex Advisory

23 May 2026

• Maharashtra inaugurated the 13-km Missing Link section of the Mumbai–Pune Expressway on May 1, reducing travel time between Mumbai and Pune by an estimated 30 to 45 minutes.
• Industry stakeholders stated that the project is expected to accelerate ongoing residential, logistics and commercial expansion across the Mumbai–Pune corridor, particularly in integrated township developments.
• Anex Advisory said the shift towards hybrid work over the past five years has already altered residential demand patterns, with more buyers considering permanent living options beyond Mumbai’s urban core.
• The report highlighted that faster inter-city connectivity, combined with infrastructure projects such as Navi Mumbai International Airport, metro expansion and the Mumbai 3.0 framework, is reshaping regional economic linkages.
• Developers and investors are increasingly viewing the Mumbai–Pune belt as a connected economic ecosystem rather than two separate urban markets, with implications for future real estate value creation.Read more